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In case of charge, the remedy available to the charge-holder for realisation of the amount will be as…

Section 100 of the Transfer of Property Act, 1882 explicitly provides that where immovable property of one person is made security for the payment of money to another and…

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In case of charge, the remedy available to the charge-holder for realisation of the amount will be as in the case of :-

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Section 100 of the Transfer of Property Act, 1882 explicitly provides that where immovable property of one person is made security for the payment of money to another and the transaction does not amount to a mortgage, a 'charge' is created, and 'all the provisions hereinbefore contained which apply to a simple mortgage shall, so far as may be, apply to such charge'.

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